D.A. Davidson Keeps Their Hold Rating on Triumph Financial (TFIN)

D.A. Davidson analyst Gary Tenner maintained a Hold rating on Triumph Financial (TFIN – Research Report) today. The company’s shares closed yesterday at $74.13.

Tenner covers the Financial sector, focusing on stocks such as Hancock Whitney, Synovus, and Banc of California. According to TipRanks, Tenner has an average return of 9.0% and a 54.01% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Triumph Financial with a $70.00 average price target, a -5.57% downside from current levels. In a report released yesterday, KBW also assigned a Hold rating to the stock with a $68.00 price target.

TFIN market cap is currently $1.73B and has a P/E ratio of 46.14.

Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TFIN in relation to earlier this year. Most recently, in February 2024, Adam Nelson, the EVP & GC of TFIN sold 5,023.00 shares for a total of $403,287.36.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Triumph Financial (TFIN) Company Description:

Triumph Bancorp, Inc. operates as a financial holding company which offers traditional banking and financial solutions. It operates through the following segments: Factoring, Banking and Corporate. The Factoring segment includes the operations of Triumph Business Capital which offers factoring services. The Banking segment relates to operations of TBK Bank, including loans originated under Triumph Commercial Finance, Triumph Healthcare Finance, and Triumph Premium Finance brands. The Corporate segment refers to the financing and investment activities, as well as the management and administrative expenses. The company was founded by Aaron P. Graft in November 2010 and is headquartered in Dallas, TX.